On May 7, 2010, the Securities and Exchange Commission of Brazil (CVM) canceled the registration of publicly-traded company of GVT (Holding) S.A. (“GVT” or the “Company”), and the Special Shareholders’ Meeting held on June 10, 2010 resolved to redeem the remaining outstanding common shares issued by the Company. All outstanding shares have been canceled. The redemption amount, which the Company has deposited in Banco Itaú, is at the shareholders’ disposal.